Markets
Cryptocurrency Market Bakkt Evaluates Potential Sale and Dissolution
Bakkt Holdings Inc.The digital asset marketplace launched by the parent company of the New York Stock Exchange is exploring a potential sale amid a spike in cryptocurrency-related acquisition activity, according to people familiar with the matter.
Bakkt has been working with a financial advisor to evaluate a number of strategic options, including a breakup, said the people, who asked not to be identified because the details are not public. No final decision has been made and Bakkt may choose to remain independent. A representative from Alpharetta, Georgia-based Bakkt declined to comment.